The average company only lasts ten years, and even large companies listed on the S&P 500 typically survive just 18 years.

So, while it might feel tough in the short term, these reforms will ultimately benefit property owners for the long haul.

check out the book in the BiggerPockets bookstore called "Short-Term Rental, Long-Term Wealth" for the ultimate self-managing guide. 

Definitely should check out J Scott's book on estimating rehab costs: https://store.biggerpockets.com/products/the-book-on-estimat...I wrote a long article a while back on due diligence that would also be worth reading (well, at least I think it is): https://www.biggerpockets.com/blog/due-diligence-ultimate-gu...

There were several issues  but here are the big ones that ultimately led to us backing out of the deal. (1) The right of first refusal provision which mean't the seller had to convey the sale info to the cell tower company and then receive written permission for the sale to go through.

Ultimately looking to get to 100 doors. 

2) How many months of mortgage payments do you have in reserve to survive a market change?

IMO a bigger red flag would be poor record keeping on expenses and other documentation that would indicate property condition.Anyway, you're ultimately purchasing the income stream that *you* can achieve, not what the seller achieved.

Ultimately looking to get to 100 doors. 

And even if the company survives you may get diluted or take a haircut in the recap.